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*Govt Seeks To Raise $350 Million Selling Parastatal Shares* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?gv In a statement, Finance Minister Mthuli Ncube said Government expects to raise $350-million from selling shares in five state-owned telecommunications companies and a bank, as part of economic reforms being pursued by the government. Ncube said Government seeks to dispose of shares in its two mobile phone operators NetOne and Telecel Zimbabwe, the country’s sole fixed line telephony company TelOne, postal services Zimpost and state-owned savings bank POSB. Ncube did not give a timeline. Reuters could not get a comment from Ncube. The government has targeted selling some or all shares in 43 of its companies, most of them loss-making and which have relied on state bailouts over the years. ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- More: Reuters _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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